National Savings: Togo
Togo's national savings is currently 23.653 % of GDP as of 2026. # Togo National Savings Togo's national savings stood at 23.
Current (2026)
23.653 % of GDP
-0.5% y/y
Peak (2023)
23.958 % of GDP
Low (2005)
7.773 % of GDP
Source
IMF World Economic Outlook
2004–2026 · 23 pts
National Savings — Togo
2004 — 2026
National Savings — Togo
Analysis# Togo National Savings
Togo's national savings stood at 23.653% of GDP in 2026, approaching the all-time peak of 23.958% recorded in 2023. This level represents a dramatic recovery from the 7.773% low in 2005, marking a 141.7% increase over the 22-year span since 2004. The country has maintained savings rates above 23% for the past four years, signaling sustained economic stability and improved household and government financial capacity.
The most significant shift occurred between 2017 and 2023, when savings nearly doubled from 15.323% to 23.958%. A sharp jump materialized in 2020, climbing 3.3 percentage points amid pandemic-related economic adjustments. Since reaching its peak in 2023, the rate has stabilized around 23.6–23.8%, suggesting Togo has consolidated these gains and established a new equilibrium at historically elevated levels.
Historical Data
23 Rows| Year | Value | Change % |
|---|---|---|
| 2026 | 23.653 % of GDP | -0.51% |
| 2025 | 23.775 % of GDP | +0.51% |
| 2024 | 23.654 % of GDP | -1.27% |
| 2023 | 23.958 % of GDP | +6.72% |
| 2022 | 22.45 % of GDP | +6.01% |
| 2021 | 21.178 % of GDP | +0.49% |
| 2020 | 21.075 % of GDP | +18.34% |
| 2019 | 17.809 % of GDP | +7.89% |
| 2018 | 16.506 % of GDP | +7.72% |
| 2017 | 15.323 % of GDP | +18.19% |
| 2016 | 12.965 % of GDP | -26.82% |
| 2015 | 17.717 % of GDP | +12.00% |
| 2014 | 15.819 % of GDP | +18.06% |
| 2013 | 13.399 % of GDP | +3.20% |
| 2012 | 12.984 % of GDP | -13.45% |
| 2011 | 15.001 % of GDP | +22.72% |
| 2010 | 12.224 % of GDP | +13.87% |
| 2009 | 10.735 % of GDP | -12.15% |
| 2008 | 12.219 % of GDP | -6.29% |
| 2007 | 13.039 % of GDP | +59.30% |
Show all 23 rows
| Year | Value | Change % |
|---|---|---|
| 2006 | 8.185 % of GDP | +5.30% |
| 2005 | 7.773 % of GDP | -20.58% |
| 2004 | 9.787 % of GDP | — |
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